National
Kilroy’s Sunset Media Center Holds Major Tenant Nielsen Media Research, Adds FilmL.A. to Roster
L.A.’s office market continues to be driven by the entertainment industry as two companies have signed leases at the soon-to-be-renovated Sunset Media Center in Hollywood. Bought by real estate company Kilroy Realty Corp. at the end of 2012, the office building is set to receive extensive interior improvements as the new owner has from the outset stated its intention to raise the value and profile of one of the area’s largest office buildings. The last major renovation process to be carried out at the facility took place in 1987, 16 years after the building’s completion.
252-Unit Apartment Community Sells in Greater Baltimore
The Haven at Odenton Gateway, a Class A, garden-style multi-housing community located in Odenton, Maryland, was purchased last week by AEW Capital Management, LP, one of the world’s leading real estate investment advisors. Holliday Fenoglio Fowler (HFF) marketed the property and represented the seller, Johnson Development Associates, Inc.
Flaherty & Collins to Develop $81M Apartment Project on Market Square Arena Site
City officials have chosen Flaherty & Collins’ proposal to redevelop the former site of the Market Square Arena in downtown Indianapolis.
Duke Realty Leases 58,000 Sq. Ft. to NISA Investment Advisors
Duke Realty Corporation’s St. Louis office recently announced that it has leased 57,690 square feet of office space to NISA Investment Advisors LLC in 101 South Hanley. NISA is set to occupy three contiguous floors in the Class A, 19-story office building located at 101 South Hanley Road in Clayton.
Holland 1916 Inc. Relocates to Liberty, Mo.
Holland 1916 Inc., a private company that is corporate parent for five manufacturing companies, has recently announced it will relocate its corporate headquarters and three of its companies to Liberty, Missouri.
Terwilliger Pappas Restarts Crabtree Village Mixed-use Development
Developers have begun construction on the first phase of the long-stalled Crabtree Village master plan in Raleigh.
Tampa M-F Property Part of $170M Landmark Apartment Trust Purchase
Richmond, Virginia-based Landmark Apartment Trust of America has recently gone on a buying spree, listing a Tampa property among its most recent acquisitions.
Double Recognition for Albuquerque’s Architecture Firm Dekker/Perich/Sabatini
Architectural Record is a magazine that focuses on design inspiration and skill development, on practice management and business improvement. Recently they’ve announced their list of top 300 US architecture firms, based on revenue.
Pinnacle Founder Chases Elusive Finish Line for Henderson Condos
The troubled Vantage Lofts development has had a rocky road to cross over the past few years since its initial stall back in 2007. Since then, it has been flipped from developer to developer, received a number of changes to the initial project, including an idea to turn the condo development into apartment rental units, and still not reached completion.
Buncher’s $400M Strip District Mixed-Use Development Moves Forward
The Buncher Co. is planning to proceed with its $400 million Riverfront Landing project regardless of whether it receives permission to demolish the western end of the landmark Produce Terminal Building in the Strip District.